Gretchen Howard - 01 Dec 2021 Form 4 Insider Report for Robinhood Markets, Inc. (HOOD)

Role: Chief Operating Officer
Signature: /s/ Christina Lai, attorney-in-fact for Gretchen Howard
Issuer symbol: HOOD
Transactions as of: 01 Dec 2021
Net transactions value: -$555,415
Form type: 4
Filing time: 03 Dec 2021, 19:40:45 UTC
Previous filing: 12 Nov 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOOD	Class A Common Stock	Options Exercise		+46,811	+18%		305,496	01 Dec 2021	Direct	F1
transaction	HOOD	Class A Common Stock	Tax liability	$555,415	-23,210	-7.6%	$23.93	282,286	01 Dec 2021	Direct	F2
holding	HOOD	Class A Common Stock						168,064	01 Dec 2021	By Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-16,429	-13%	$0.000000	106,785	01 Dec 2021	Class A Common Stock	16,429		Direct	F1, F3, F4
transaction	HOOD	Restricted Stock Units	Options Exercise	$0	-30,382	-11%	$0.000000	243,051	01 Dec 2021	Class A Common Stock	30,382		Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis upon vesting and settlement.
F2	Represents shares withheld by Robinhood Markets, Inc. ("Robinhood") to satisfy tax withholding obligations in connection with the vesting and settlement of 46,811 RSUs and does not represent a sale by the Reporting Person.
F3	On February 15, 2019, the Reporting Person was granted 394,283 RSUs under Robinhood's Amended and Restated 2013 Stock Plan (the "2013 Plan"), which award was amended and restated on January 13, 2020. One-fourth (1/4) of these RSUs were scheduled to vest on January 1, 2020, with the remainder scheduled to vest in thirty-six (36) equal monthly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.
F4	Approximately half of the settlement transaction reported on this line represents RSUs that vested on November 1, 2021, for which Robinhood delayed settlement until the expiration of its initial public offering lock-up period.
F5	On January 13, 2020, the Reporting Person was granted 486,102 RSUs under the 2013 Plan. One-fourth (1/4) of these RSUs were scheduled to vest on December 1, 2020, with the remainder scheduled to vest in twelve (12) equal quarterly installments thereafter, in each case subject to the Reporting Person's continued service with Robinhood through the applicable vesting date and subject to accelerated vesting in certain circumstances.